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Dec 1, 2012
12/12
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KPIX
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ended only when president bush ordered the docks reopened after ten days, and that one, scott, cost the economy $15 billion. >> pelley: john, thank you. there is nothing stopping a pacific storm that is headed to the coast. this is a computer forecast that projects the density of moisture reaching from hawaii toward northern california. more than a foot of rain is predicted and mudslides are a danger. carter evans is in sacramento tonight. carter? >> reporter: scott, the sun broke through a few hours ago, but there still is a danger of flooding and mudslides through the weekend. more than half a foot of rain fell on northern california today. 40 mile per hour gusts have already knocked out power and toppled trees in san francisco. >> thankfully this didn't hurt anybody but it could be a lot worse. >> staying dry. >> thanks to you. >> where are you staying tonight? >> tonight, down the street. >> reporter: sister libby fernandez expects to help about a thousand people at this homeless center in sacramento with dry clothes and ponchos. >> this is weird because the weather's usually good here. >>
ended only when president bush ordered the docks reopened after ten days, and that one, scott, cost the economy $15 billion. >> pelley: john, thank you. there is nothing stopping a pacific storm that is headed to the coast. this is a computer forecast that projects the density of moisture reaching from hawaii toward northern california. more than a foot of rain is predicted and mudslides are a danger. carter evans is in sacramento tonight. carter? >> reporter: scott, the sun broke...
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Dec 6, 2012
12/12
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KPIX
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know all too well the sacrifices and sleepless nights endured by middle-class families in a struggling economy. >> we don't go out to eat much. we don't spend-- we don't go to the movies much. >> we do a lot of thrift store shopping for my kids for clothes. >> reporter: shawn was unemployed for a year in washington state then two years ago he got a job as an accountant with the federal government so the family of six-- their savings depleted-- moved across the country to woodbridge, virginia. his salary of a little more than $70,000 is less than what he used to make. >> before we lost our job they were in-- two were in piano and we haven't been able to do things like that. >> reporter: what's the hardest part of this? >> for me it's my kids, knowing that i want more for them. my oldest, who's the one that's most aware of what we've been going through the last couple years she asked me recently, this summer, she's like "mommy, when are we going to stop feeling like we're poor." i was like, "honey, it's not that we're poor, we just can't do a lot of things that other people do." >> reporter: sea
know all too well the sacrifices and sleepless nights endured by middle-class families in a struggling economy. >> we don't go out to eat much. we don't spend-- we don't go to the movies much. >> we do a lot of thrift store shopping for my kids for clothes. >> reporter: shawn was unemployed for a year in washington state then two years ago he got a job as an accountant with the federal government so the family of six-- their savings depleted-- moved across the country to...
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Dec 1, 2012
12/12
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KPIX
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what we don't want to do is go the brink on the economy now and then threaten the economy again two months later. we have to deal with both problems together in the weeks ahead for the good of the economy. >> there's a cumulative psychological effect. if we don't deal with it quickly it builds. as you pointed out it's already starting? >> i think there's a modest effect so far. i don't think it's dramatic. it's incremental. the closer you get the bigger it gets and then it gets somewhat more serious after january 1st. the other side of the coin i wish this weren't so but to get movement, particularly on the republican side or on the tax cuts for very high end people which average, this is an average tax cut of 130,000 a year for people that make over a million a year in my view we can't afford that. to get that kind of movement we might actually need to go into early january, maybe the stock market fluctuates a bit, there's great concern if it's a big story in the media now it's an even bigger story. that could occur. i remember in '95 there was an impasse and the government shut down. new
what we don't want to do is go the brink on the economy now and then threaten the economy again two months later. we have to deal with both problems together in the weeks ahead for the good of the economy. >> there's a cumulative psychological effect. if we don't deal with it quickly it builds. as you pointed out it's already starting? >> i think there's a modest effect so far. i don't think it's dramatic. it's incremental. the closer you get the bigger it gets and then it gets...
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Nov 29, 2012
11/12
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KPIX
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economy could experience a severe shock. that is if leaders in washington can't come up with a budget deal. scares of automatic spending cuts and tax increases could take effect january 1st. democrats moved by president obama and congressional republicans signaled they are willing to compromise on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax cuts for the middle class. >> it's too important for washington to screw this up. >> reporter: president obama is putting pressure on congressional republicans and he's enlisting middle class americans in getting the gop to take action on taxes. >> when
economy could experience a severe shock. that is if leaders in washington can't come up with a budget deal. scares of automatic spending cuts and tax increases could take effect january 1st. democrats moved by president obama and congressional republicans signaled they are willing to compromise on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good...
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Dec 7, 2012
12/12
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KPIX
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call 1-855-999-1399 >>> outside pittsburgh a town hit hard by the economy is finding strength from its local football team. as wyatt andrews reports, the team is beating the odds and lifting the community. >> reporter: clarendon, pennsylvania is a proud steel mill town, but more than 10,000 jobs have been lost over decades, poverty has doubled the national average and most of downtown is boarded up. the one public school is so small the state might have closed it by now except for one extraordinary thing. the clarendon bears high school football team. this weekend the bears are in the playoffs to win a fourth straight state championship and their winning streak of 61 games is the best in america. >> we're making history, we're making a name for ourselves. >> reporter: one of the team's stars, tarish webb says the secret is the team's seniors. they've played together since they were 6 years old in midget football and grew up determined to win for themselves and for the town. >> if we lose that's actually letting them down so we owe to it the town. >> somebody might be inclined to ask yo
call 1-855-999-1399 >>> outside pittsburgh a town hit hard by the economy is finding strength from its local football team. as wyatt andrews reports, the team is beating the odds and lifting the community. >> reporter: clarendon, pennsylvania is a proud steel mill town, but more than 10,000 jobs have been lost over decades, poverty has doubled the national average and most of downtown is boarded up. the one public school is so small the state might have closed it by now except...
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Dec 7, 2012
12/12
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KPIX
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the economy is growing two percentage point. subtract 3 1/2 and that is a severe recession. >> reporter: republicans will be blamed if there is no agreement say the president is acting in bad faith. >> i think it's fair to say that the president is not interested in a balanced agreement, is he not particularly interested in avoiding the fiscal cliff and he's clearly not interested at all in cutting any spending. >> reporter: but behind all the public posturing, there is still contact between the president's office and the speaker's people. and between the two men themselves. but everyone else is out of the loop. and there is some confidence, at least here at the white house, that they can find a solution. norah, charlie? >> bill plante, thanks. >>> november jobs report is out. rebecca jarvis is here. good morning. what do the numbers tell us? >> things are looking a lot better than we were anticipating. 146,000 new jobs created in the month of november. unemployment rate dips to 7.7% and there's two big reasons to why the report
the economy is growing two percentage point. subtract 3 1/2 and that is a severe recession. >> reporter: republicans will be blamed if there is no agreement say the president is acting in bad faith. >> i think it's fair to say that the president is not interested in a balanced agreement, is he not particularly interested in avoiding the fiscal cliff and he's clearly not interested at all in cutting any spending. >> reporter: but behind all the public posturing, there is still...
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Dec 7, 2012
12/12
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WTTG
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the past few years, a lot of our neighbors have been struggling, ever since the downturn of the economy. we encourage our cut mir to come by during their lunch hour, when they get off of work, come by, drop off some nonperishable food items. it will help out. people are really struggling during this challenging time with the economy and food bank needs the help right now. righ >> what has been the response? >> i've been part of this since the beginning about 11 years ago and each year, it just seems to get bigger and bigger. the response seems to get big are and bigger. i know last year, we collected over 60,000 pounds of food. we've got 12 other satellite locations this year where customers can come by and drop off food items. so i think we'll even increase the am this year over last year. >> okay. all right. thank you very much for coming out and talking with us. we appreciate all your efforts from giant as well. this is, as i said, a very worthy cause. we have all kind of entertainment out here. we have jazz musicians and the dancers out here. we'll be here throughout the morning. ba
the past few years, a lot of our neighbors have been struggling, ever since the downturn of the economy. we encourage our cut mir to come by during their lunch hour, when they get off of work, come by, drop off some nonperishable food items. it will help out. people are really struggling during this challenging time with the economy and food bank needs the help right now. righ >> what has been the response? >> i've been part of this since the beginning about 11 years ago and each...
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Nov 29, 2012
11/12
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KPIX
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econill hurt our economy. approach.y this is not the right r: toach. anythis impasse is one of many geithnerreasury secretary tim geithner, mr. obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania avenue. >> i'm not more optimistic or less optimistic. puthopeful but don't put me e nearnywhere near the optimistic category. tove got a long way to go and a likefew days to get it done. >> lindsey graham from south carolina have offered to break a revenueax increase pledge and ntise revenue as part of a deal but graham now is pulling back until the president offers ntitlement reform. a i've not seen one deal from country downouse that deal with medicare, medicaid and social security which are all going to fail and take this country down the road of grief. and until i hear something from the white house on that, i'm not going to say another thing on revenue. >> mr. obama will meet with his v vanquished republican rival, mitt romney. it's been several weeks
econill hurt our economy. approach.y this is not the right r: toach. anythis impasse is one of many geithnerreasury secretary tim geithner, mr. obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania avenue. >> i'm not more optimistic or less optimistic. puthopeful but don't put me e nearnywhere near the optimistic category. tove got a long way to go and a likefew days to get it done....
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Dec 7, 2012
12/12
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WUSA
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what is it that's transformed and built the economy? federal contracts. from 1980 through 2009, federal contracting in northern virginia increased from $1.7 billion to $38.5 billion, but there's worry the bottom could fall out. >> government contractors would stop doing business in fairfax county because there
what is it that's transformed and built the economy? federal contracts. from 1980 through 2009, federal contracting in northern virginia increased from $1.7 billion to $38.5 billion, but there's worry the bottom could fall out. >> government contractors would stop doing business in fairfax county because there
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Dec 6, 2012
12/12
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WTTG
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but the economy will get a fresh update when the labor department released the november unemployment report. >> our big story here at home, police in fairfax county continue to investigate a disturbing find. >> a gun was found inside one of student's lockers. school officials ensure parents the kids were never at risk. melanie is live in fairfax county with the latest. >> reporter: good morning, tony and allison. students and staff are starting to make their way in here to robinson secondary school a day after that disturbing find. the school says the community was never in danger, some parents are a little rattled about this. wish they knew more about what was going on. how many people were involved. they want to know what kind of gun it was and what was the reason it was brought to school. administrators say they were notified about the gun and they went and found it in the student's locker. they say there was an ammunition magazine in the weapon but no other details. and also didn't release the student's age, gender or grade level. could be a wide range there. a letter e-mailed to
but the economy will get a fresh update when the labor department released the november unemployment report. >> our big story here at home, police in fairfax county continue to investigate a disturbing find. >> a gun was found inside one of student's lockers. school officials ensure parents the kids were never at risk. melanie is live in fairfax county with the latest. >> reporter: good morning, tony and allison. students and staff are starting to make their way in here to...
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Dec 2, 2012
12/12
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CNNW
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the american economy is on the line. and this is a moment for adult leadership. campaign-style rallies and leaks in the press are not the way to get things done here in washington. >> all right. susan, you're looking at the monitor and looking at his body language. what is it telling you? >> well, he's an intense guy to begin with. but when he's emphasizing a point, you see his eyebrows flash up, a quick little flash. it's a micro-expression. after that. you see his eyebrows pull together in frustration and anger. not that he's angry. it's more of a frustration -- kind of the beginning stages of it. so his emotions kind of fluctuate throughout his entire conversation. he kind of looks over his eyebrows a lot. he's a very intense guy. but when he's really making a point, he'll flash his eyebrows to let you know what points are very important to him. >> so let's go to photos of obama and boehner from the first and only face-to-face meeting on fiscal cliff talks since the election. start with boehner, raising his eyebrow, what does that tell you? >> he's got a criti
the american economy is on the line. and this is a moment for adult leadership. campaign-style rallies and leaks in the press are not the way to get things done here in washington. >> all right. susan, you're looking at the monitor and looking at his body language. what is it telling you? >> well, he's an intense guy to begin with. but when he's emphasizing a point, you see his eyebrows flash up, a quick little flash. it's a micro-expression. after that. you see his eyebrows pull...
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Dec 3, 2012
12/12
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CNNW
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the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then would wouldn't he consider it? >> reporter: that's are publicly unchanged position was a deadline that's set. whether political theater or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. >> if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then, you know, that's the choice they're going to have to make. >> emily joins us live from washington. emily, the zinger sound bites, they're all piling up. what is the actual strategy behind all this political theater? what are you hearing from the republicans and from the democrats? >> reporter: you know, less than a month out now from going over the fiscal cliff. even talk about political strategy sounds an awful lot like posturing. we heard it from secretary geithner who said
the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then would wouldn't he consider it? >> reporter: that's are publicly unchanged position was a deadline that's set. whether political theater or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation....
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Nov 29, 2012
11/12
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KGO
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with the olympics, restoring the olympics, you know, his skillset lends to ideas that could get the economy growing going. but his spokesman said he does not have a specific assignment for his arrival but it was going to be a useful discussion. >> love to hear that. good luck. >>> the lunch comes early in the holiday season in at the white house. decorations include 54 live christmas trees. unveiled yesterday by first lady, michelle obama. thought i was looking in your living room, now, rob. >> does that look like a plastic tree? the centerpiece of the decorations is outsized 300-pound gingerbread model of the white house that sits in the state dining room. after the big unveiling, mrs. obama helped the children of military families make holiday decorations and bo, the for the portuguese water dog got in on the act wearing a special jingle bell collar. >>> and they threw the switch last night here in new york, lighting the big old christmas tree in rockefeller center. the 84-foot norway spruce is decked out in more than 30,000 beautiful lights. >> after it was found, workers, braced the tre
with the olympics, restoring the olympics, you know, his skillset lends to ideas that could get the economy growing going. but his spokesman said he does not have a specific assignment for his arrival but it was going to be a useful discussion. >> love to hear that. good luck. >>> the lunch comes early in the holiday season in at the white house. decorations include 54 live christmas trees. unveiled yesterday by first lady, michelle obama. thought i was looking in your living...